In 2023, Mexico led the global export market of road tractors for semi-trailers with a 26.4% share, experiencing a 2.57% annual growth. The Netherlands and Germany also held significant shares of 18.28% and 13.6%, respectively, with growth rates of 2.25% and 0.38%. Conversely, the United States faced a decline of 0.37%. Emerging markets like Chile and Senegal demonstrated strong year-on-year growth at 19.49% and 13.83%. Over five years, Asia, particularly India and Thailand, saw notable growth, emphasizing their increasing role in the global export market.
Future trends to watch include:
- Continued growth in emerging markets as infrastructure investment boosts demand for commercial vehicles.
- Potential impact of global supply chain disruptions on export dynamics.
- Increasing demand for eco-friendly road tractors influencing export strategies.
- Geopolitical tensions affecting trade policies and competitive dynamics.
Top countries in Export of Road Tractors for Semi-Trailers (Truck Tractors) Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Mexico | 26.4 | 2023 | +3.8% | +2.57% | View data |
| 2 | 2 Netherlands | 18.28 | 2023 | +2.7% | +2.25% | View data |
| 3 | 3 Germany | 13.6 | 2023 | +0.3% | +0.38% | View data |
| 4 | 4 United States | 6.92 | 2023 | +1.35% | -0.37% | View data |
| 5 | 5 France | 6.13 | 2023 | +1.41% | +0.36% | View data |
| 6 | 6 Sweden | 5.88 | 2023 | +2.24% | +2.73% | View data |
| 7 | 7 Belgium | 5.6 | 2023 | +0.51% | -2.04% | View data |
| 8 | 8 Brazil | 3.51 | 2023 | +3.42% | +2.75% | View data |
| 9 | 9 Spain | 3.08 | 2023 | +2.26% | +5.09% | View data |
| 10 | 10 Poland | 2.79 | 2023 | +3.46% | +2.5% | View data |
